Brent takes a "micro" assessment of Hinge #4 and estimates 600,000ozs.

GEA applies "macro" tech to their estimate and comes up with 8 to 13MM ozs.

As outlined in an article in the National Post Aug 2nd written by Peter Koven others looking at Red Lake have pumped undiscovered estimates to new highs, having these estimates published in the National press. Doing so while Rice Lake slumbers and IR out of SAN fumbles! (not the ball but the Gold!)

Following is a quote from that article: "I would think there are still at least 20 or 30 million ounces [of gold] to be found on the old properties at Red Lake, and probably that much more [in the land] that the juniors have and that Agnico has at the fringes of the camp," he says.

pkoven@nationalpost.com

There's something "golden" missing from the Rice Lake/ San Gold storyline!

Are they missing the forest for the trees!?"

RUF